Car Rental in North America

Car Rental in North America

Summary

Car Rental in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The car rental market is defined as revenues generated by car rental companies for self-drive cars for hire. The market value is mainly made up of car rentals for business, leisure purposes and Insurance Replacement. Market volumes represent the size of the rental car fleet within the respective countries. Any currency conversions used in the creation of this report were calculated using constant 2018 annual average exchange rates.
  • The North American car rental market had total revenues of $33.9bn in 2018, representing a compound annual growth rate (CAGR) of 3.1% between 2014 and 2018.
  • Market consumption volume increased with a CAGR of 3% between 2014 and 2018, to reach a total fleet size of 2,542.0 thousand cars in 2018.
  • Companies are responding to consumer demand for more flexible car rental options brought about by the rise of ride-hailing services such as Uber and Lyft.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car rental market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car rental market in North America
  • Leading company profiles reveal details of key car rental market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America car rental market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the North America car rental market by value in 2018?
  • What will be the size of the North America car rental market in 2023?
  • What factors are affecting the strength of competition in the North America car rental market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's car rental market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. Which players have been most successful in recent years?
7.3. How are companies using technology to gain market share?
8 Company Profiles
8.1. Enterprise Holdings, Inc.
8.2. Hertz Global Holdings Inc
8.3. Avis Budget Group Inc
8.4. Sixt SE
9 Appendix
9.1. Methodology
9.2. About MarketLine
List of Tables
Table 1: North America car rental market value: $ million, 2014-18
Table 2: North America car rental market volume: Fleet Size, 2014-18
Table 3: North America car rental market category segmentation: $ million, 2018
Table 4: North America car rental market geography segmentation: $ million, 2018
Table 5: North America car rental market distribution: % share, by value, 2018
Table 6: North America car rental market value forecast: $ million, 2018-23
Table 7: North America car rental market volume forecast: Fleet Size, 2018-23
Table 8: Enterprise Holdings, Inc.: key facts
Table 9: Enterprise Holdings, Inc.: Key Employees
Table 10: Hertz Global Holdings Inc: key facts
Table 11: Hertz Global Holdings Inc: Annual Financial Ratios
Table 12: Hertz Global Holdings Inc: Key Employees
Table 13: Hertz Global Holdings Inc: Key Employees Continued
Table 14: Avis Budget Group Inc: key facts
Table 15: Avis Budget Group Inc: Annual Financial Ratios
Table 16: Avis Budget Group Inc: Key Employees
Table 17: Avis Budget Group Inc: Key Employees Continued
Table 18: Sixt SE: key facts
Table 19: Sixt SE: Annual Financial Ratios
Table 20: Sixt SE: Key Employees
List of Figures
Figure 1: North America car rental market value: $ million, 2014-18
Figure 2: North America car rental market volume: Fleet Size, 2014-18
Figure 3: North America car rental market category segmentation: % share, by value, 2018
Figure 4: North America car rental market geography segmentation: % share, by value, 2018
Figure 5: North America car rental market distribution: % share, by value, 2018
Figure 6: North America car rental market value forecast: $ million, 2018-23
Figure 7: North America car rental market volume forecast: Fleet Size, 2018-23
Figure 8: Forces driving competition in the car rental market in North America, 2018
Figure 9: Drivers of buyer power in the car rental market in North America, 2018
Figure 10: Drivers of supplier power in the car rental market in North America, 2018
Figure 11: Factors influencing the likelihood of new entrants in the car rental market in North America, 2018
Figure 12: Factors influencing the threat of substitutes in the car rental market in North America, 2018
Figure 13: Drivers of degree of rivalry in the car rental market in North America, 2018

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